Sea launches $1bn ADS convertible bond

By Jonathan Breen
13 Nov 2019

New York Stock Exchange-listed gaming company Sea is bookbuilding for a convertible bond worth at least $1bn.

The leads launched the sale on Tuesday in the US for the five year senior unsecured notes. Goldman Sachs and Morgan Stanley are on the mandate, according to Dealogic.

Singapore-based Sea has granted the bookrunners a 13-day option to add a further $150m to the deal. The CB ...

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